8307 GARCREEK CIR TX 78724
| Owner | KALIA MANISH & SURUCHI BHUTANI |
|---|---|
| Parcel ID | 0217380403 |
| Short ID | 499821 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,066 SF |
| Land SF | 10,994 SF |
| Acres | 0.252 |
| Year Built | 1986 |
| Legal | LOT 3 BLK B COLONY MEADOWS SEC 2 |
| Neighborhood | C0605 |
| Land | $79,832 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $79,832 |
| Improvement | $612,601 |
|---|---|
| Total Improvement | $612,601 |
| Market | $692,433 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $692,433 |
| Value Limitation Adjustment (−) (homestead cap) | −$125 |
| Net Appraised (assessed) | $692,308 |
| Taxable Value | $692,308 |
|---|
Appreciation: Market value has risen +31.4% from $526,989 (2021) to $692,433 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $14,168. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 12% of market value ($79,832 land vs $612,601 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $692,433, this parcel sits in the upper-middle (50th–75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the -1.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $444,966 by 2031, with an estimated annual tax burden around $8,382. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,066 SF | ✗ |
| 1ST | 1st Floor | 2,033 SF | ✓ |
| 2ND | 2nd Floor | 2,033 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 28 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 28 SF | ✗ |
| 251 | BATHROOM | 8 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $5,338.40 | $5,338.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,023.58 | $3,023.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,168.63 | $2,168.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $680.99 | $680.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $596.62 | $596.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,808.22 | $11,808.22 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,338.40 | 45.2% |
| CAT City of Austin | 0.5240% | $3,023.58 | 25.6% |
| TCO Travis County | 0.3758% | $2,168.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $680.99 | 5.8% |
| ACT Austin Community College | 0.1034% | $596.62 | 5.1% |
| Total | 2.0465% | $11,808.22 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $484,244 | $692,433 | -30.1% |
| Assessed Value | $484,244 | $692,308 | -30.1% |
| Land Value | $79,832 | $79,832 | +0.0% |
| Improvement Value | $404,412 | $612,601 | -34.0% |
| Taxable Value | $484,244 | $692,308 | -30.1% |
| Total Tax 2026 = estimate |
~$9,910
Estimated
|
~$11,808
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $484,244 | $79,832 | $404,412 | — | $484,244 | $484,244 | Not yet — post-cert | Preliminary |
| 2025 | $692,433 | $79,832 | $612,601 | −$125 | $692,308 | $692,308 | ~$11,808 | Partial |
| 2024 | $576,923 | $75,000 | $501,923 | — | $576,923 | $576,923 | $11,434 | Verified |
| 2023 | $617,243 | $75,000 | $542,243 | — | $617,243 | $617,243 | $11,167 | Verified |
| 2022 | $529,908 | $75,000 | $454,908 | — | $529,908 | $529,908 | $10,465 | Verified |
| 2021 | $526,989 | $25,000 | $501,989 | — | $526,989 | $526,989 | $11,471 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -30.1% | -30.1% | ~100% | Not available | Partial |
| 2025 | +20.0% | +20.0% | ~100% | Not available | Partial |
| 2024 | -6.5% | -6.5% | ~100% | No billing data | Verified |
| 2023 | +16.5% | +16.5% | ~100% | No billing data | Verified |
| 2022 | +0.6% | +0.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -30.1% | +0.1% | -1.7% | +20.0% | 2025 | -30.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7100% | 1.7100% | — | 1.7100% | 2025 | 1.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,808 | $11,269 | ~$8,978 | $11,808 | 2025 | $10,465 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$476,120 | ~$476,120 | ~2.0139% | ~$9,589 | -1.7% |
| 2028 | ~$468,133 | ~$468,133 | ~1.9814% | ~$9,276 | -3.3% |
| 2029 | ~$460,280 | ~$460,280 | ~1.9488% | ~$8,970 | -4.9% |
| 2030 | ~$452,558 | ~$452,558 | ~1.9163% | ~$8,672 | -6.5% |
| 2031 | ~$444,966 | ~$444,966 | ~1.8837% | ~$8,382 | -8.1% |
| 2027 | ~$466,436 | ~$466,436 | ~2.0465% | ~$9,546 | -3.7% |
| 2028 | ~$449,282 | ~$449,282 | ~2.0465% | ~$9,194 | -7.2% |
| 2029 | ~$432,759 | ~$432,759 | ~2.0465% | ~$8,856 | -10.6% |
| 2030 | ~$416,844 | ~$416,844 | ~2.0465% | ~$8,531 | -13.9% |
| 2031 | ~$401,514 | ~$401,514 | ~2.0465% | ~$8,217 | -17.1% |
| 2027 | ~$485,805 | ~$485,805 | ~1.9977% | ~$9,705 | +0.3% |
| 2028 | ~$487,372 | ~$487,372 | ~1.9488% | ~$9,498 | +0.6% |
| 2029 | ~$488,943 | ~$488,943 | ~1.9000% | ~$9,290 | +1.0% |
| 2030 | ~$490,519 | ~$490,519 | ~1.8512% | ~$9,080 | +1.3% |
| 2031 | ~$492,101 | ~$492,101 | ~1.8024% | ~$8,869 | +1.6% |
In 2025, this property's market value of $692,433 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +33% above the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $692,433 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $576,923 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $617,243 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $529,908 | $506,269 | $614,560 | $904,074 | ↓ Below median | +39.0% |
| 2021 | $526,989 | $353,349 | $436,046 | $657,886 | ↑ Above median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |